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Black Tusk Resources Increases Land Package on Goldsmith Property

15.05.2018  |  The Newswire
Vancouver, May 14, 2018 - Black Tusk Resources Inc.. ("Black Tusk" or the "Company) (C:TUSK) is pleased to announce that the company has added an additional 5 claims to its Goldsmith Property located 65 kilometres north of Kaslo, in southeastern British Columbia. The recent staking adds 329.6 hectares of mineral tenure to the property bringing the total package to 11 claims totaling 823.7 hectares.

The Goldsmith Property contains historic workings with reported high grade gold values. These historic workings are located within areas where numerous quartz veins occur. The veins average 50 centimeters in width, although in several instances veins of 1 to 2 metres or more have been observed. Previous sampling of the historic workings by past vendors has confirmed the presence of historically reported, widespread, high grade gold mineralization (see Technical Report on the Goldsmith Property, Linda Dandy, March 20, 2017).

In early 2018 rock sampling was undertaken by Black Tusk Resources to assist in verifying the presence of high grade gold mineralization documented by previous property owners. Results from analysis of 18 rock samples are imminent.

In 2018 the company plans to complete compilation of available geochemical and geophysical data, and undertake surface mapping and sampling. The company also plans to complete light detection and ranging (Lidar) surveying for obtaining detailed topographic control on the property.

"We are very excited to commence the much anticipated 2018 exploration season on the Goldsmith Property" said Richard Penn, CEO of the Company.

About Black Tusk Resources Inc.

Black Tusk is engaged in the acquisition and exploration of its mineral property located in British Columbia, Canada. Pursuant to the Goldsmith option agreement, the company currently has an option to acquire a 100-per-cent undivided interest in the Goldsmith property situated in the Kootenays, approximately 65 kilometres north of the city of Kaslo, BC.

Linda Dandy, P.Geo, a "Qualified Person", authored the Company's Technical Report on the Goldsmith Property. Perry Grunenberg, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information contained in this news release.

On behalf of the Board of Directors

Richard Penn, CEO

778 384 8923


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Copyright (c) 2018 TheNewswire - All rights reserved.

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